Scylla AI Video Analytics Profile

Published Jun 06, 2022 13:03 PM

Texas-based AI analytics firm Scylla said in 2019 that they aimed to reach a $1 billion valuation by 2024-25, based on $100 million in revenue. How much progress has the company made toward that goal in the past three years, and where is Scylla headed as a company?

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For this report, IPVM spoke with CEO Albert Stepanyan about Scylla, its products, and an update on its goal of a $1 billion valuation by 2024-25.

**********

******* ** ****, ****** [********** ***-***] was **** *** ** ** "********** lab,"**********, ***** ******* ** ** ******** development *** ********. ****** *** ********** were **** ******* ** *********, *** has *********** ******** *********** *** ********* startup **********.

********** ************* ** *** *******, ***** the ******* ***** **** * $**** investment, ****** ***** *** ** ** Austin, ***** ** ****.

Revenue

****** **** **** *** ** ***** to ******** $* ******* ** ******* (all *********) ** ****, ****** **** of ****'* $*.* *******, *** **** than ** ****** **** ****'* $***,***, with *** ******* *********** ****:

** **** **** ******* ** **** over **** *** *** **** *** years, ** ** **** **** ******* that ****.

**'** *** * ******* ****** ******* now. *** ** *** ****** **% out ** ****. ** *** ********* was ********* ******* $*** *** $*** million *** ** **** ****.

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*** ******* ********* ******* ***** ** people, ********* ****, ************ ******* *********** ******* *** ************ ** ******, Texas, *** ******* ** ******* *** Poland. ***** ******* *** *** *.*. account *** **% ** *** *******'* business, ********* ****, ******** ** *** Middle ****, **** ***** ******* *** Central ******.

****** ** ** "***********-******" *******, **** more **** **% ** *** ********* focused ** *********** *** * "**** technical" ***** ****, ********* ****. **** count ******** "****, *********, ***********, *** also ****** **** *** ******* ********."

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*******

***** *** ***** ***** ** ******* SaaS ******* *** ****** *********, ********* said: *****-*****, ********, *** ****-******.

*****-***** ** $* *** ****** *** month. ****'* **** ** ******* ****** from *** ******. ****'* **** ** receive ****** **** *** *******. *** we *** *** ***** ********* ** top, ** **** ** ********* **** on *****.

**** ** **** *** ******* *** forensic **** **/* **********, ***** ** around $** *** ******, ********* ** the ******** *** ***. *** ** also **** * ****** **** **** if *** *** ** ** *** features, ** ** ** *** ********, it ** *** ***** ** ** expensive, [**] **** **** $*,***, ******* we **** ** ** **** * bit ***** **** *** ******* **********.

*** **** ******, **** ** ****** live.

********* *** ****** *** ********* **-******* or ** *** *****, *** ***** include ****** *********, ********* *********, ******** analytics, **** ***********, ****** ******, ******* flow ********, *** ************* ****** *********, according ** ******'* ******* *******.

*** ****** *** *** *****, ******, and ***** ********* ***** *** $***, $1,995, *** $*,***, ************. *** ***** box ******** * *******, *** *** medium *** ***** ***** ******* *, 16, ** ** *******, ********* ** the ***** ** ********* ********.

Go-To-Market ********

****** ***** *** ******* *** ********* primarily ******* ******* ********, *** ******* told ****. ******'* ********** *** ********* in ***** *******, **** **% ** sales *** ********** ** *** *.*., the ******* **** ****. *** ****** East ** *** **** ******* ****** of *********, ******** ** ***** *******, primarily ******** *** ******, **** ******* Europe.

** ** **** *******, *** ******* has *** ***** *********, ********* **** IPVM ** ** *-****.*** *******'* ************ *** *** ***, ****** ********, sports ******, ******* ********, *** ********** security ** ******* ***** *******.

********** ********* ********* ****** *** ** 16,000 *******, ***** "******* *" *********, integrators, ****** ******* ***** *** *** cameras, ** *******, *** ******* ***** to **** ** ** *-****.

VMS ************ *** *** **********

******'* **** ***** ********* *** ****-***-**** and ********* **** ******** ***** ************ systems. ***** ********* **** ** ********* out ***** ********* *** ********** ******.

*** ** *** **** *** **** demand *** ***** ***** *** ******* there's * ****** ******** ***** ** case ** ****, *** *********, **** are *** **** *** ****. ** there's * *** ** ********* *** tape **** ***** ** ** **** to *** ****** ** *******, ******* with *** **** *******, ** *****, is **** *** ****. *** ** have ************ **** **** ** *** existing ****** *********, ****** *** *** or *****, ** ***-*** *********** **** we *** **** *********, ** ** are ** **** **** ************ **** most ** *** *** ********.

** **** *** ****** **** ** we ****** ******** ***** ******.

Analytics ******

********* ************* *** ****** *** ********* as ********* ********* **** "*****" **********, fast-moving, *** ****** ***********. **** *********** is **** ** ***** **** **** Scylla:

* ******** **** **** ****** ** continue ** ** **** ****, ******* after *** *****' ****, ******** * better ******* **** **** ** *** competitors, *'** ** *** **** ***. Or ***** ***** **** ** **** or **** ********* **** ****** *****. And *** ***** ********* **** *****.

** **** ** *** ********* **** you ************ *****, **** ** *** United ******, ******** ***'* ** ***** anymore ******* ** ***** ***** **********.

*******

*** ******* ** ******* ****, ****** from * ***** ****. *** **** question **** ******* ** ** **** is *** *** **** *** ***, especially ***** **** ******* ******* ******* incumbents *** **** ************ **** ** include ********* ** ***** *** *********.

***** *** ****** ** ********* ***** enough ** ******* ***** ******** **** Scylla ******* ** ** $***+ ******* companies, ****** **** **** ** ******** competing **** ****** **********. **** ******* to ** ********** ** *** ******* incumbents *** ** ******** **** *** how **** ****** *** ******* ** or **** ********** ********* ***** ** offering ***** ******* *********.

Comments (4)
UI
Undisclosed Integrator #1
Oct 14, 2022

** ****** **** ***** ****** **** can ******* * ***** **** ****** of *** *********? **** ********** ** its *********** **** ** ******* *** products (******** *** ****).

UI
Undisclosed Integrator #2
Dec 22, 2022

*** ******:****** ********* ********* ***** **** ** - ******* *****

****, **** **** ** ***** *** via:********@******.****** *******, ** ** ****** *****.

UM
Undisclosed Manufacturer #3
May 04, 2023

* **** ********* **** **** **** Scylla’s ******** *** **** *** ****** good ****** ***** **. *’** ***** Kris ***** ***** **** *** ********** he **** ****** ** ** *****, ended ** ***** * **** **** feature. ******** ** *** *** *** team!

(1)
UI
Undisclosed Integrator #2
Jun 14, 2023